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  • Online Resource  (2)
  • 1990-1994  (2)
  • 1955-1959
  • Economics  (2)
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  • Online Resource  (2)
  • Book  (51)
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  • 1
    UID:
    b3kat_BV046871739
    Format: 1 Online-Ressource (166 p. 1 illus)
    Edition: 1st ed. 1990
    ISBN: 9783322893307
    Series Statement: neue betriebswirtschaftliche forschung (nbf) 73
    Content: The international debt problem has already generated a huge number of publications. Why then another publication? Many publications address macroeconomic implications of the debt problem, others investigate special new financing instruments such as debt equity swaps, others discuss the economic or legal aspects of debt reschedulings. This work of Walter Berger concentrates on the evolution of the financial side of the debt problem. This evolution is fascinating since it reveals a continuous expansion of the financial instruments being used and a surprising change in intercreditor relationships. While in the seventies equal treatment of creditors was not of much concern, this changed dramatically in the eighties. But lately equal treatment turned out to be a strong impediment to the creditors' management of loan portfolios. Hence, inequality of treatment is growing again. This development represents a challenge to everyone who tries to explain legal changes by using economic theory. Another characteristic of Walter Berger's work is that he starts from a broad institutional perspective. Most economists analyze the debt problem by assuming a world where everybody follows the same principles of rationality and optimization. Walter Berger questions this approach by arguing that cultural discrepancies among creditor countries and indebted countries make it difficult to define efficiency by "Western" standards only. Moreover, different cultures create what Berger calls "institutional obfuscation", that is, creditors have substantial difficulties to predict the behavior of differently minded debtors, and vice versa. This lack of information creates a transaction risk for each contracting party
    Additional Edition: Erscheint auch als Druck-Ausgabe ISBN 9783409137331
    Additional Edition: Erscheint auch als Druck-Ausgabe ISBN 9783322893314
    Language: English
    Subjects: Economics
    RVK:
    RVK:
    Keywords: USA ; Internationale Verschuldung ; Debt Management ; Finanzinnovation ; Deutschland ; Entwicklungsländer ; Auslandsschulden ; Finanzinnovation ; Auslandsschulden ; Debt Management ; Innovation ; Hochschulschrift
    URL: Volltext  (URL des Erstveröffentlichers)
    Library Location Call Number Volume/Issue/Year Availability
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  • 2
    Online Resource
    Online Resource
    New York, NY : Springer New York
    UID:
    b3kat_BV046872665
    Format: 1 Online-Ressource (XIII, 537 p. 36 illus)
    Edition: 1st ed. 1994
    ISBN: 9781461226185
    Content: The Fifth Purdue International Symposium on Statistical Decision The­ was held at Purdue University during the period of ory and Related Topics June 14-19,1992. The symposium brought together many prominent leaders and younger researchers in statistical decision theory and related areas. The format of the Fifth Symposium was different from the previous symposia in that in addition to the 54 invited papers, there were 81 papers presented in contributed paper sessions. Of the 54 invited papers presented at the sym­ posium, 42 are collected in this volume. The papers are grouped into a total of six parts: Part 1 - Retrospective on Wald's Decision Theory and Sequential Analysis; Part 2 - Asymptotics and Nonparametrics; Part 3 - Bayesian Analysis; Part 4 - Decision Theory and Selection Procedures; Part 5 - Probability and Probabilistic Structures; and Part 6 - Sequential, Adaptive, and Filtering Problems. While many of the papers in the volume give the latest theoretical developments in these areas, a large number are either applied or creative review papers
    Additional Edition: Erscheint auch als Druck-Ausgabe ISBN 9781461276098
    Additional Edition: Erscheint auch als Druck-Ausgabe ISBN 9780387941431
    Additional Edition: Erscheint auch als Druck-Ausgabe ISBN 9781461226192
    Language: English
    Subjects: Economics , Mathematics
    RVK:
    RVK:
    RVK:
    Keywords: Statistische Entscheidungstheorie ; Konferenzschrift ; Konferenzschrift
    URL: Volltext  (URL des Erstveröffentlichers)
    Library Location Call Number Volume/Issue/Year Availability
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